Smart - LEM (Local Energy Markets) Project journey
Transnational Intricacies in a Clean Energy Transition Partnership (CETP) project
Abstract
Smart-LEM is an innovative project designed to advance the integration of renewable energy sources within local communities by developing a digital platform and dedicated business models. Funded under the CETP, it is a collaborative effort involving partners from academia, industry, and local government across the European Union.
The project, which began in 2024 and is expected to conclude in 2027, is led by the Bucharest University of Economic Studies, with contributions from institutions such as OpenSky Data Systems Ireland, Vienna University of Technology, Universitat Autònoma de Barcelona, and others. The primary objective of Smart-LEM is to empower local stakeholders—prosumers, grid operators, and municipalities—by providing them with tools to participate actively in energy trading and management.
The Smart-LEM journey exemplifies the complexities and dynamics of transnational research collaborations within the CETP framework. This project highlights the importance of adaptive project management and effective cross-border coordination, essential for managing international research initiatives. The consortium’s ability to navigate diverse regulatory environments and align varying national priorities with a unified, strategic vision underscores the necessity of flexibility and resilience in transnational project management.
Moreover, Smart-LEM illustrates how multi-country collaborations can foster innovation. It also underscores the need for tailored approaches to governance, communication, and stakeholder engagement. The varied institutional and cultural contexts require not only flexibility but also a deep understanding of the different regulatory landscapes and stakeholder expectations.
Through this lens, Smart-LEM is a case study in balancing local, national and European objectives. It demonstrates the importance of robust project governance frameworks that can adapt to changing circumstances, ensuring that all partners remain aligned while effectively addressing the unique challenges posed by their respective environments. The project’s success thus far emphasises the growing need for robust research management practices that can navigate the intricate web of modern transnational collaborations.